Friday, January 14, 2011

01/14/2011
People outside looking in seem not all impressed by Noynoy who trumpets daily his so-called straight path his administration is taking. The conservative United States think tank Heritage Foundation, however, believes that the country is even retrogressing in terms of the government’s battle against corruption.

In the index of economic freedom that it undertakes yearly with the authoritative Wall Street Journal, the Philippines was found at the lower half of the ranking, at 115 of 179 nations and among countries with a “mostly unfree” economy.

A major factor for the poor showing of the country was the existence of still “pervasive corruption” more than half a year into the Aquino administration. The Heritage index showed the performance of the country in the index had reached its highest around the period 1997 to 2000, which was the time when Joseph Estrada was President but who, ironically, was forced out of office on trumped-up corruption charges by the very same elite people who are now allied with Noynoy and who imposed Gloria on the nation as successor of Erap who, to this very day, has never claimed to have abdicated his post..... MORE